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Gemalto and Ledger collaborate on HSM for digital assets

04 October 2017  |  3554 views  |  0 Source: Gemalto

Gemalto, the world leader in digital security, and Ledger, a leader in security and infrastructure for cryptocurrencies and blockchain applications, today announced a technology partnership to deliver high-assurance security infrastructure for crypto assets applications.

The joint Gemalto and Ledger solution consists an integration of Ledger’s unique Blockchain Open Ledger Operating System (BOLOS) into Gemalto’s industry-leading SafeNet Hardware Security Module (HSM) to provide a secure environment for financial institutions looking to leverage cryptocurrency. The solution enables a variety of use cases, such as launching investable products on cryptocurrencies, or stocking cryptocurrencies securely.

Eric Larchevêque, CEO at Ledger, explained: “As the market value of blockchain based solutions rises, so does the need for bank grade security products, when financial institutions are looking for dedicated, certified solutions. We plan to leverage SafeNet HSM to provide our clients in the financial industry with a unique, secure product line customized to their needs.”

Todd Moore, Senior Vice President of Encryption Products at Gemalto, commented: “With the proper security to protect communication, devices and users, blockchain can offer a trusted platform for parties that don’t have an existing relationship to do business efficiently and transparently. Beyond the financial services market, we are also working with Ledger to embed BOLOS into any device’s secure element and bring high-assurance security to markets like smart energy applications, home automation or wearables.”

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